PRDGX: T. Rowe Price Dividend Growth

Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

PRDGX T. Rowe Price Dividend Growth

  • Fund
  • PRDGX
  • Price as of: Oct 15, 2019
  • $50.30 + $0.33 + 0.66%

PRDGX - Profile

Vitals

  • YTD Return 21.3%
  • 3 Yr Annualized Return 11.4%
  • 5 Yr Annualized Return 8.5%
  • Net Assets $12.8 B
  • Holdings in Top 10 22.9%

52 WEEK LOW AND HIGH

$50.30
$39.15
$50.88

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.64%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 16.90%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$1,000

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Large Blend

Distributions

  • YTD Total Return 21.3%
  • 3 Yr Annualized Total Return 11.4%
  • 5 Yr Annualized Total Return 8.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.63%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name T. Rowe Price Dividend Growth Fund
  • Fund Family Name T. Rowe Price
  • Inception Date Dec 30, 1992
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Thomas J. Huber

Fund Description

The T. Rowe Price Dividend Growth Fund (PRDGX) is a low-cost, actively managed fund that seeks to provide a high level of income from common stocks. PRDGX invests in large-cap U.S. stocks that pay above-average dividends and looks to pick companies that have a history of (or potential for) growing those payouts. The fund uses various fundamental and sector-specific screens to find great dividend stocks.

Given its mandate on equity income, PRDGX makes a prime choice for investors looking to expand their core portfolio. The fund is managed by T. Rowe Price.

PRDGX - Performance

Return Ranking - Trailing

Period PRDGX Return Category Return Low Category Return High Rank in Category (%)
YTD 21.3% 0.0% 28.2% 22.71%
1 Yr 10.8% -59.6% 20.1% 1.42%
3 Yr 11.4%* -30.7% 56.4% 20.11%
5 Yr 8.5%* -25.7% 31.2% 25.92%
10 Yr 9.6%* -9.6% 14.0% 36.23%

* Annualized


Return Ranking - Calendar

Period PRDGX Return Category Return Low Category Return High Rank in Category (%)
2018 -4.4% -67.0% 10.0% 3.13%
2017 16.7% -32.8% 302.5% 28.70%
2016 8.3% -26.1% 19.7% 34.52%
2015 -5.0% -82.5% 7.8% 43.99%
2014 7.4% -28.7% 24.1% 37.85%

Total Return Ranking - Trailing

Period PRDGX Return Category Return Low Category Return High Rank in Category (%)
YTD 21.3% 0.0% 28.2% 22.71%
1 Yr 10.8% -59.6% 20.1% 5.36%
3 Yr 11.4%* -20.5% 56.4% 44.21%
5 Yr 8.5%* -16.4% 31.2% 51.43%
10 Yr 9.6%* -4.4% 17.2% 69.83%

* Annualized


Total Return Ranking - Calendar

Period PRDGX Return Category Return Low Category Return High Rank in Category (%)
2018 -4.4% -67.0% 10.0% 10.96%
2017 16.7% -22.1% 302.5% 68.78%
2016 8.3% -16.4% 23.8% 63.89%
2015 -5.0% -26.4% 106.5% 74.89%
2014 7.4% -24.8% 25.9% 75.70%

NAV & Total Return History

PRDGX - Holdings

Concentration Analysis

PRDGX Category Low Category High PRDGX % Rank
Net Assets 12.8 B 133 K 827 B 6.86%
Number of Holdings 108 2 3592 51.92%
Net Assets in Top 10 2.62 B -123 M 145 B 9.14%
Weighting of Top 10 22.85% 2.9% 1400.6% 70.94%

Top 10 Holdings

  1. Microsoft Corp 3.99%

  2. Visa Inc Class A 2.89%

  3. JPMorgan Chase & Co 2.73%

  4. Danaher Corp 2.30%

  5. UnitedHealth Group Inc 1.91%

  6. Pfizer Inc 1.89%

  7. Becton, Dickinson and Co 1.86%

  8. Apple Inc 1.84%

  9. Thermo Fisher Scientific Inc 1.82%

  10. Accenture PLC Class A 1.62%


Asset Allocation

Weighting Return Low Return High PRDGX % Rank
Stocks
94.43% -1.18% 128.08% 97.71%
Cash
5.56% -28.09% 101.18% 2.29%
Preferred Stocks
0.00% -17.98% 2.07% 59.02%
Other
0.00% -3.50% 16.72% 58.12%
Convertible Bonds
0.00% 0.00% 7.92% 56.73%
Bonds
0.00% -14.46% 11.29% 58.45%

Stock Sector Breakdown

Weighting Return Low Return High PRDGX % Rank
Financial Services
17.56% 0.00% 106.34% 29.90%
Healthcare
16.55% 0.00% 92.30% 9.72%
Industrials
13.86% 0.00% 79.24% 13.32%
Technology
12.19% 0.00% 118.30% 90.85%
Consumer Cyclical
9.87% 0.00% 74.42% 76.14%
Consumer Defense
8.26% 0.00% 71.31% 34.15%
Utilities
4.79% -13.41% 21.36% 11.19%
Communication Services
3.55% 0.00% 27.72% 41.58%
Energy
3.33% -0.03% 70.63% 75.65%
Basic Materials
3.16% -3.81% 23.60% 25.25%
Real Estate
1.32% -3.11% 17.89% 73.53%

Stock Geographic Breakdown

Weighting Return Low Return High PRDGX % Rank
US
88.45% 80.14% 687.00% 86.45%
Non US
5.98% -688.18% 20.19% 21.14%

PRDGX - Expenses

Operational Fees

PRDGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.64% 0.00% 146.02% 75.69%
Management Fee 0.49% 0.00% 2.00% 40.33%
12b-1 Fee 0.00% 0.00% 1.00% 15.16%
Administrative Fee 0.15% 0.00% 0.85% 71.65%

Sales Fees

PRDGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

PRDGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.05% 2.00% N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PRDGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 16.90% 0.00% 838.00% 26.39%

PRDGX - Distributions

Dividend Yield Analysis

PRDGX Category Low Category High PRDGX % Rank
Dividend Yield 0.30% 0.00% 12.51% 61.39%

Dividend Distribution Analysis

PRDGX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Quarterly Quarterly

Dividend Payout History


Net Income Ratio Analysis

PRDGX Category Low Category High PRDGX % Rank
Net Income Ratio 1.63% -2.85% 2.89% 18.40%

Capital Gain Distribution Analysis

PRDGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

PRDGX - Managers

Thomas J. Huber

Manager

Start Date

Tenure

Tenure Rank

Mar 31, 2000

19.51

19.5%

Thomas J. Huber is a portfolio manager in the U.S. Equity Division of T. Rowe Price since 2000. Mr. Huber has been chairman of the committee since 2000. He joined the Firm in 1994. Mr. Huber has 21 years of banking and investment experience, 20 of which have been with T. Rowe Price. Prior to assuming his portfolio management responsibilities, he was an equity analyst specializing in leisure, food and drug retail, and specialty retail. Mr. Huber was employed by Robert W. Baird as an assistant vice president managing IPO and merger and acquisition activity. Prior to this, he was a credit analyst and corporate banking relationship manager for NationsBank Corporation (now Bank of America). A graduate of the University of Virginia, Mr. Huber earned a B.S. in finance. He earned an M.S. in finance from the University of Wisconsin-Madison, School of Business in the applied security analysis and portfolio management program. He has also earned the Chartered Financial Analyst designation.


Tenure Analysis

Category Low

0.0

Category High

40.77

Category Average

5.89

Category Mode

4.04